International Renewable Energy Agency

International Renewable Energy Agency Latest News

According to a new report by the International Renewable Energy Agency (IRENA) , renewable energy projects commissioned in 2025 helped avoid an estimated $480 billion in fossil fuel costs globally.

About International Renewable Energy Agency

• It is an intergovernmental organisation that was founded in 2009 to support countries in their transition to a sustainable energy future.
• Mandate: It serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy. 
• Member countries: It has 170 Members (169 States and the European Union). India is also one of the founder members of IRENA.
• Headquarter: Its headquarter is in Abu Dhabi, United Arab Emirates.

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Governance of International Renewable Energy Agency

• Assembly: It is IRENA’s ultimate decision-making authority, made up of one representative from each Member. 
• Council: It is composed of 21 Member States elected for a two-year term and is accountable to the Assembly.
• Council members serve on a rotating basis to ensure the effective participation of both developing and developed countries and a fair and equitable geographical distribution.
• Secretariat: It comprises the Director-General and his staff, provides administrative and technical support to the Assembly, the Council and their subsidiary bodies.
• It is an official United Nations observer.

Source: DTE